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Heliogen (Heliogen) Gross Margin % : 1,251.08% (As of Dec. 2023)


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What is Heliogen Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Heliogen's Gross Profit for the three months ended in Dec. 2023 was $-59.00 Mil. Heliogen's Revenue for the three months ended in Dec. 2023 was $-4.72 Mil. Therefore, Heliogen's Gross Margin % for the quarter that ended in Dec. 2023 was 1,251.08%.


The historical rank and industry rank for Heliogen's Gross Margin % or its related term are showing as below:

HLGN' s Gross Margin % Range Over the Past 10 Years
Min: -6662.16   Med: -368.85   Max: 32913.12
Current: 32913.12


During the past 5 years, the highest Gross Margin % of Heliogen was 32913.12%. The lowest was -6662.16%. And the median was -368.85%.

HLGN's Gross Margin % is ranked better than
99.75% of 394 companies
in the Utilities - Independent Power Producers industry
Industry Median: 35.805 vs HLGN: 32913.12

Heliogen had a gross margin of 1,251.08% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Heliogen was 0.00% per year.


Heliogen Gross Margin % Historical Data

The historical data trend for Heliogen's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Heliogen Gross Margin % Chart

Heliogen Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
- -108.50 -28.32 -629.19 -6,662.16

Heliogen Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 238.34 -175.06 -9.18 18.21 1,251.08

Competitive Comparison of Heliogen's Gross Margin %

For the Utilities - Renewable subindustry, Heliogen's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Heliogen's Gross Margin % Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Heliogen's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Heliogen's Gross Margin % falls into.



Heliogen Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Heliogen's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=-59.2 / 0.888
=(Revenue - Cost of Goods Sold) / Revenue
=(0.888 - 60.048) / 0.888
=-6,662.16 %

Heliogen's Gross Margin for the quarter that ended in Dec. 2023 is calculated as


Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=-59 / -4.716
=(Revenue - Cost of Goods Sold) / Revenue
=(-4.716 - 54.285) / -4.716
=1,251.08 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Heliogen  (OTCPK:HLGN) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Heliogen had a gross margin of 1,251.08% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Heliogen Gross Margin % Related Terms

Thank you for viewing the detailed overview of Heliogen's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Heliogen (Heliogen) Business Description

Traded in Other Exchanges
N/A
Address
130 West Union Street, Pasadena, CA, USA, 91103
Heliogen Inc is a concentrated solar energy system that is being developed to unlock the power of sunlight to replace fossil fuels. Powered by artificial intelligence (AI), its modular system aims to deliver low-cost renewable energy in the form of heat, power, or hydrogen fuel. The company's computer vision software aligns an array of mirrors to reflect sunlight to a target on the top of a Sunlight Refinery tower.
Executives
Nant Capital, Llc 10 percent owner 9922 JEFFERSON BOULEVARD, CULVER CITY CA 90232
Barbara J Burger director 130 WEST UNION STREET, PASADENA CA 91103
Sagar Kurada officer: CFO and Head of Strategy 1323 W. SCHOOL STREET, CHICAGO IL 60657
William Gross director, officer: Chief Executive Officer C/O BILL GROSS' IDEALAB, 130 W UNION STREET, PASADENA CA 91103
Thomas P. Doyle officer: Chief Commercial Officer 130 W UNION STREET, PASADENA CA 91103
Kelly Rosser officer: Interim CFO, and CAO ONE MEMORIAL CITY PLAZA, 800 GESSNER ROAD, SUITE 875, HOUSTON TX 77024
Christiana Obiaya officer: Chief Executive Officer 130 W UNION STREET, PASADENA CA 91103
Prime Movers Lab Fund I Lp 10 percent owner P.O. BOX 12829, JACKSON WY 83002
Prime Movers Lab Fund Ii Lp 10 percent owner 6765 CRYSTAL SPRINGS RD, TETON VILLAGE WY 83025
Paul Gauche officer: Executive VP, Engineering 130 WEST UNION STREET, PASADENA CA 91103
Roger Lazarus director 100 EL CAMINO REAL, GROUND SUITE, BURLINGAME CA 94010
Andrew Alan Lambert officer: Chf. Mfg. & Sply. Chain Ofc. 130 WEST UNION STREET, PASADENA CA 91103
Neotribe Partners I, Llc 10 percent owner 3340 HILLVIEW AVENUE, PALO ALTO CA 94304
Phyllis W. Newhouse director 125 TOWNPARK DRIVE, SUITE 300, KENNESAW GA 30144
Robert M Kavner director OVERTURE SERVICES, INC., P.O. BOX 1355, CARMEL CA 93921